Title 48 — Territories and Insular Possessions
Chapter 4 — Puerto Rico
§ 914. Issuance of bonds and obligations
Statutory text
The legislature may authorize such authorities to issue bonds or other obligations with such security as the legislature may provide and may provide for the disposition of the proceeds of such bonds and all receipts and revenues of such authorities.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 75–703 § 4 · 52 Stat. 1203
Enacted · 48 U.S.C. § 914
(June 25, 1938, ch. 703, § 4, 52 Stat. 1203.)
Source evidence
Code source credit
(June 25, 1938, ch. 703, § 4, 52 Stat. 1203.)Enacted provision · exact public law section
Sec. 4. The legislature may authorize such authorities to issue bonds or other obligations with such security as the legislature may provide and may provide for the disposition of the proceeds of such bonds and all receipts and revenues of such authorities.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Codification
Section was not enacted as part of the Puerto Rican Federal Relations Act which comprises this chapter.
Credits
(June 25, 1938, ch. 703, § 4, 52 Stat. 1203.)